The 
Hive account@compensationfund account was created by 
Hive account@geke to serve as a donation pool to compensate victims of financial scams or frauds on Steemit. Funds donated to this account will be dispersed transparently with oversight and management performed by the following: Hive account@geke, 
Hive account@neoxian, and 
Hive account@patrice.
The idea for this account was born when Hive account@neoxian very generously offered to compensate the victims of the bellyrub scam from his own resources. Hive account@geke wondered if there was also a fund where others could donate in a similar gesture. He said no, but that the idea had merit. Feeling she’d been given a sort of permission, she implemented the idea a few minutes later.
We’re currently working with a list of the accounts defrauded by 
Hive account@bellyrubbank. As donations come in, we’ll begin dispersing compensation. We will be keeping an eye on blockchain transfers so that nobody gets over-compensated for their losses. And we thank everyone for their patience as we figure out the best way forward.
Once the payouts have been dispersed to the bellyrub victims, this account will remain open and empty to function in a similar way should the need arise again. Of course, our hope is, it won’t.
To donate, simply transfer any amount of STEEM or SBD to Hive account@compensationfund. A full 100 percent of the donations received will be dispersed to the victims; we’re not charging or accepting any administration fees. None of our posts will accept payout. And once this compensation effort is over, our wallet will remain empty, with the exception of its original 6 SP.
We’ll be posting periodic updates on our efforts and will highlight our donors, so please stay tuned. Thanks to everyone for your help and support, and especially to Hive account@neoxian for his contagious generosity!
